Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Pacer International, Inc. Stockholders
10 Gennaio 2014 - 5:10PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Pacer International, Inc. (“Pacer” or the
“Company”) (NASDAQ:PACR) concerning the proposed acquisition of the
Company by XPO Logistics, Inc. (“XPO”) (NYSE:XPO). Under the terms
of the definitive merger agreement, Pacer stockholders will receive
$6.00 in cash and $3.00 in XPO common stock for each share of Pacer
owned, valuing the transaction at approximately $335 million.
The investigation concerns whether the Pacer Board of Directors
violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values Pacer’s common stock.
If you are a Pacer stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form. There is no cost or
obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.,
212-699-1145888-529-4787bwalker@kmllp.com
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